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0:32
YouTube
NGS PROFESSIONAL ACADEMY
Day 4 -👉 Top-Down vs Bottom-Up Budgeting Explained in Under 1 Minute | Quick Concept Series – Day 4
💡 How do companies prepare budgets? There are two main approaches: 🔹 Top-Down Budgeting – Senior management sets the targets, and departments align their plans accordingly. 🔹 Bottom-Up Budgeting – Individual departments prepare their own budgets, which are then combined into the overall company budget. Both methods have pros and ...
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